Affordable Housing-An Avenue for Addressing Poverty, Drug Addiction, Domestic Violence, and Jobs, with Implications in Education
1) Home ownership is a leading factor in someone escaping poverty.
In addition to providing equity and credit score points which are essential to secure loans, it provides an inheritance. Descendants can have a rent-free place to live, rent out the home for extra income, or sell the property and use the money to chase their own dreams.
My friend Chris is in the process of selling his deceased mother’s home so he can move to the beach and work his dream job in sports reporting.
The Care Effect - New Hope Publishers There is a stark correlation between hope ownership and upward mobility.